AFLAC INC (AFL) Stock Technical Analysis
NYSE:AFL - New York Stock Exchange, Inc. - US0010551028 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AFL. AFL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month AFL has a been trading in the 100.05 - 106.48 range, which is quite wide. It is currently trading near the lows of this range.
AFL has an average volume of 2328870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AFL turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
AFL is an average performer in the Insurance industry, it outperforms 48% of 145 stocks in the same industry.
AFL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AFL is lagging the market.
Although the technical rating is bad, AFL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 101.57, a Stop Loss order could be placed below this zone.
More info and screens
98.77
116.41
We found 1 important support area.
- A support zone ranging from 99.77 to 101.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 101.99 to 104.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 106.31 to 106.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @109.41 from a trend line in the daily time frame.
- A resistance zone ranging from 115.26 to 115.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AFL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFL is down. |
| ChartMill Relative Strength | 40.37 | NEUTRAL | AFL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AFL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AFL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AFL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.62 | NEUTRAL | The RSI value for AFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests AFL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.54 | NEUTRAL | The Stochastics value for AFL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for AFL suggests low volalility. |
| Average Directional Index/ADX (14) | 27.3 | POSITIVE | The high ADX value value for AFL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
101.83
+0.41 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.4%
1 Week0.26%
2 Weeks-2.62%
1 Month-0.78%
3 Month-5.22%
6 Month-4.38%
12 Month9.6%
2 Year40.77%
3 Year77.71%
5 Year186.28%
10 Year58.99%
15 Year107.01%
Volatility
ATR(14)1.58
ATR(20)%1.66%
ATR Inc-30.16%
Range Today1.31
ADR(20)1.65
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.37
Mansfield-1.16
10 Day High104.56
10 Day Low100.05
20 Day High106.48
20 Day Low100.05
52 Week High115.5
52 Week Low93
CS1 End101.57
CR1 Start101.99
Volume & EV
DER(3)1.64%
DER(5)0.55%
Volume4.58M
Volume Incr-12.39%
Vol(5)2.38M
Vol(50)2.33M